Nis sound systems, Electrical Engineering

Assignment Help:

NIS Sound Systems, Inc. produces and sells sound systems for both home and auto. DVD players used in the assembly of NIS systems are purchased from BUN Electronics. NIS purchasing agent currently submits a purchase requisition for DVD players 13 times a year, and their order size generally remains fixed from cycle to cycle. The company's annual requirements for DVD players total 5,000 units (20 units per working day), and the cost per unit is $60. The supplier has been quite reliable with deliveries; total time between date of order and the date of receipt is 5 days. Associated with the purchase of each shipment is ordering cost. This cost, which amounts to $20 per order, includes the cost of preparing the requisition, inspecting the delivered goods, and issuing a check for payment. In addition to the ordering cost, NIS incurs inventory carrying cost that includes cost of capital, insurance, storage, handling, tax and so forth. This cost equals 10 percent of the purchase cost per unit per year. Beginning on September 2010, NIS management would like to embark on a companywide cost-control program in an attempt to improve its profits. One area to be closely scrutinized for possible cost savings is inventory management. Given this strong pressure from top management, the operations manager, Ms. Mary Jones, wants to know if there would be any possible cost savings in her area. More specially, she would like to understand how much costs could be saved from an effective inventory policy.


Related Discussions:- Nis sound systems

Determine the equivalent resistance of circuit, Determine the equivalent re...

Determine the equivalent resistance of circuit: Determine the equivalent resistance of network across the source terminals and find the current drawn from the source.

Explain the nor gates - microprocessor, Explain the NOR GATES - Microproces...

Explain the NOR GATES - Microprocessor The NOR GATE is an OR gate with the output inverted. Consequently the outputs of a NOR gate would have the opposite states as the outputs o

Quality control systems, Give three reasons why a chamfer shouldn't be cons...

Give three reasons why a chamfer shouldn't be considered an "unimportant" dimension. When conducting an audit, what is the first step and what is its purpose? Why will calcul

Show a schematic diagram of the seven- segment decoder, Q. Digital watches ...

Q. Digital watches display time by turning on a certain combination of the seven-segment display device. (a) Show a typical seven-segment display. (b) Develop a truth table f

Conditions in which rc circuit behaves as integrator, Q. Explain the condit...

Q. Explain the conditions under which an RC circuit behaves as Integrator? Integrator is a circuit in which the output voltage is proportional to the integral of the input. Out

Octal number systems, Octal Number Systems Now the  question may  arise...

Octal Number Systems Now the  question may  arise in one mind  that why  to learn  octal  number  system when  neither  human  nor the  digital  systems  uses. It  hence it is

Define hysteresis, Define Hysteresis Hysteresis is the 'lagging' effect...

Define Hysteresis Hysteresis is the 'lagging' effect of flux density B whenever there are changes in the magnetic field strength H. When an initially unmagnetized ferromagnetic

H – parameter model, H - Parameter model :- The transistor's equiv...

H - Parameter model :- The transistor's equivalent circuit can be dram using simple approximation by retaining its necessary features. These equivalent circuits will a

How typical dma controller can be interfaced to 8086/8085, Show how a typic...

Show how a typical DMA controller can be interfaced to an 8086/8085 based maximum mode system. For 8088 in maximum mode: The RQ/GT1 and RQ/GT0 pins are utilized to issue DMA

Pass band of the resulting bandpass filter, A bandpass filter design can be...

A bandpass filter design can be accomplished through the cascade connection shown in Figure, where the frequencies between the two cutoffs fall in the passband of both filters and

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd